📉 $SOL Breakdown or Fakeout?
$SOL slipped below key $142 support, dipped to $135, and is now consolidating around $139–$140. What’s next?
🔍 Technicals:
Support: $135–138 zone holding for now
Resistance: $142–143 (needs to flip for bullish move)
RSI oversold on daily (<30) = possible bounce
MACD showing early bullish crossover (watch it)
⚠️ Key Levels:
✅ Buy Zone: $135–138 (tight SL < $134)
🔓 Bullish Confirmation: Daily close > $142
❌ Breakdown: 4H close < $137.5 = risk to $125
💡 Strategy:
Patience pays. Eyes on volume and $142 reclaim. Breakout = momentum, breakdown = sit out.